Search For "the reserve bank of india"
Progressive, timely measures by RBI to strengthen economy amid COVID-19 lo
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 27 (ANI): Bharatiya Janata Party President Jagat Prakash Nadda on Friday welcomed "progressive and timely measures" taken by the Reserve Bank of India to slash down repo rate, reverse repo rate and cash reverse ratio to give strength to the economy amid the COVID-19 lo
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Equity indices dip despite RBI rate cut, fears of global recession loom ov
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): Equity benchmark indices trimmed morning gains and slipped into the red on Friday afternoon even as the Reserve Bank of India (RBI) reduced the key repo rate by 75 basis points in line with central banks around the world to help combat the economic
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India Inc applauds robust liquidity infusion steps by RBI
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 27 (ANI): Industry bodies and market experts on Friday complimented the Reserve Bank of India (RBI) on the decision to reduce repo rate by 75 basis points and introduce a host of other measures to boost liquidity the financial system on account of COVID-19 outbreak and
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PM Modi welcomes RBI's decisions to safeguard economy from coronavirus imp
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 27 (ANI): Prime Minister Narendra Modi on Friday lauded the decisions taken by the Reserve Bank of India to combat the economic slowdown triggered by the coronavirus lockdown and said that it will improve liquidity, reduce the cost of funds and help the middle class an
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P Chidambaram terms RBI's moratorium on EMIs as 'ambiguous', 'half-hearted
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 27 (ANI): Former Union finance minister P Chidambaram called the Reserve Bank of India's (RBI) direction on the deferment of equated monthly instalments (EMIs) as "ambiguous" and "half-hearted".
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RBI reduces repo rate by 75 basis points to battle COVID-19 impact
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 27 (ANI): The Reserve Bank of India (RBI) on Friday lowered the key repo rate by 75 basis points to 4.4 per cent in a bid to arrest the economic slowdown amid coronavirus (COVID-19) outbreak.
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Cabinet approves recapitalisation of RRBs to improve CRAR
Updated : 6 years, 3 months ago IST
New Delhi [India], Mar 25 (ANI): The Cabinet Committee on Economic Affairs (CCEA) on Wednesday gave its approval for continuing the process of recapitalization of Regional Rural Banks by providing minimum regulatory capital for those RRBs which are unable to maintain minimum Capital to Ri
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RBI advances OMO purchase auction to Mar 24 and 26
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 23 (ANI): The Reserve Bank of India (RBI) on Monday advanced open market operations (OMO) purchase auction of Rs 30,000 crore.
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Odisha Govt requests RBI to ensure availability of sufficient cash in bank
Updated : 6 years, 3 months ago IST
Bhubaneswar (Odisha) [India], Mar 21 (ANI): The Odisha Government on Friday requested the Reserve Bank of India (RBI) to ensure availability of sufficient cash in currency chests, bank branches and ATMs across the state to meet the exigencies in view of COVID-19.
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RBI appoints two Additional Directors on Yes Bank's new board
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 20 (ANI): The Reserve Bank of India (RBI) on Friday appointed R Gandhi and Ananth Narayan Gopalakrishnan as Additional Directors on the board of Yes Bank Ltd from March 26 for a period of two years.
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RBI renews authorisation to Vakrangee for white label ATMs
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 18 (ANI): The Reserve Bank of India (RBI) has extended the validity of authorisation issued to Vakrangee Ltd to set up, own and operate white label automated teller machines (ATMs) in India.
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RBI announces OMO purchase of government dated securities
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], Mar 18 (ANI): The Reserve Bank of India (RBI) on Wednesday decided to conduct open market operations (OMOs) on March 20 in the form of purchase of an aggregate amount of Rs 10,000 crore of government securities through a multi-security auction using the multiple
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